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Russian Business and Law News


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29.01.2015 13:28

Vodka production has dropped significantly last year in Russia. According to the Russian Statistics Agency, output fell 22.3 percent compared with 2013.


29.01.2015 13:22

Russian MPs are considering sending a request to the Prosecutor Generals Office to look into the operations of foreign entities in a bid to avenge them for stopping their work in Crimea.


28.01.2015 18:59

Russian government plans to institute a number of measures for lowering tax burden for small and medium-sized businesses in the regions, Russian Minister of Finance Anton Siluanov said.


27.01.2015 23:22

US-based company PayPal, the biggest digital payment system in the world, has notified customers in Crimea that it will stop providing services to residents of the peninsula.


26.01.2015 12:50

165 tour operators have been excluded from the Federal Register since the beginning of the year. The cause of delisting is in most cases their failure to provide documents on financial guarantees.


25.01.2015 13:51

Apple is the first company in sales of smartphones in Russia in monetary terms for the first time.


26.01.2015 21:51

Russian Standard Bank has managed to stay in the black in 2014 through a sale of NPLs worth 22 billion roubles, says RBC, a business news outlet.


26.01.2015 13:38

The national Deposit Insurance Agency has decided on how to spend most of the one trillion roubles in financial aid pledged by the government.


26.01.2015 13:25

Russia is in for more trouble as 2015 is likely to see a drop in the prices of major commodities, says a report by the World Bank.


24.01.2015 23:05

Oil prices will hover around $60 a barrel in 2015, says the head of the World Bank.


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